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Proactive retail – finding the Holy Grail

Retail is under siege. Aside from the headache of inflation and how much to pass on to customers, demand is softening as spending power...

Inflation – a growing retail headache

The latest ONS data confirms that inflation has some way to go yet before peaking. This issue has become the major preoccupation of...

Retail Risk Reduction Through Data-Driven Decisions

Buyers and merchandisers need to make hundreds of individual decisions a week, the majority of which have a significant impact to the...

Demand Forecasting: Are You Set Up to Leverage Powerful Data Science, AI, and Machine Learning Tools

The retail market was already tight. With a recession on the way, it will tighten further. The industry needs all the help it can get to...

Subscription & Rental-Based Models: Do They Work for Fashion Retail?

Subscription-based models first emerged in the 1800s, starting with newspaper print services and, later, deliveries by milkmen. More...

How Retailers are Bridging the Gap Between Digital and Physical Shopping Experiences

Retailers have experienced a period of accelerated digital transformation in recent years – sped up by the pandemic, traditional shopping...

3 Ways to Optimize Merch Planning processes to boost efficiency and effectiveness

Given the fast-paced nature of the retail industry, Merchandise Planning has always been intense, with teams battling to keep to tight...

A Platform for Online Growth

The traditional department store model is going out of favor with online retailing gaining a greater share of retail sales.

Data Science & Human Knowledge: A Powerful Formula for Forecasting Demand

At the dawn of retail forecasting, merchandisers were reliant on “gut feel” to make decisions - how they felt a product would sell likely...

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